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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 1.

Multiple Choice Questions

1. On average, how many more days does a real estate agent generally keep her own house on the market as opposed to someone else's?
(a) 10.
(b) 20.
(c) 5.
(d) 15.

2. In his introduction, what does Levitt say he wants to replace with honest assessment?
(a) Conventional wisdom.
(b) Moral posturing.
(c) Dogma.
(d) Social bias.

3. What is the central action of economics?
(a) Prediction.
(b) Assessment.
(c) Measurement.
(d) Theory.

4. Which film boxer do the authors cite in their discussion of honesty in sports?
(a) Terry Malloy.
(b) Rocky Balboa.
(c) Apollo Creed.
(d) Jake LaMotta.

5. What does Gyges' ring do?
(a) It makes him omniscient.
(b) It makes him immortal.
(c) It makes him invisible.
(d) It makes him a giant.

Short Answer Questions

1. What portion of the full commission does the seller's real estate agent generally get to keep?

2. From what city is Norma McCorvey?

3. How does Paul Feldman view humanity as a result of his business records?

4. What is Arne Duncan's first course of action after the CPS researchers release their report on cheating?

5. Which of the following is not affected by the rank of a sumo wrestler?

(see the answer key)

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